Liberty targets huge growth in C&W talks

After spending the past decade consolidating the European cable industry, US billionaire John Malone is to do the same in Latin America.

Liberty targets huge growth in C&W talks
Sat, 24 Oct, 2015 - 01:00

His Liberty Global is in talks to buy Cable & Wireless Communications in a potential cash-and-stock deal that would expand its reach to the Caribbean and Panama.

A purchase could be announced in the next few weeks and Liberty Global may consider spinning off its Latin America unit in the future. Cable & Wireless is seeking more than $5.5bn (€4.8bn).

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Courtsliberty globaljohn maloneCable & WirelessPlace: USPlace: Latin AmericaPlace: CaribbeanPlace: PanamaPlace: EuropePlace: LondonPlace: UKPerson: John MalonePerson: Denis O’BrienPerson: Neil CamplingPerson: MalonePerson: CamplingOrganisation: LibertyOrganisation: C&WOrganisation: Liberty GlobalOrganisation: Cable & Wireless CommunicationsOrganisation: Cable & WirelessOrganisation: DigicelOrganisation: Aviate GlobalOrganisation: Vodafone GroupOrganisation: VodafoneOrganisation: ITVOrganisation: Columbus InternationalOrganisation: ColumbusOrganisation: Bloomberg
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